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19767457
19767458

60-62 4th Street, Elizabeth, NJ 07206

LW
NJ 2295403, NJ 2295493 (+1)
Realty Mark Central
Listed by Realty Mark Central
$789,000
651 days on market
Updated 134 days ago

60-62 4th Street

Details
Property Type Land, Retail
Sub Type Commercial
Year Built 1910
Stories 2
Lot Size (SqFt) 0.114

over 5000 Sqft, Mixed used

Marketing description

Prime Mixed-Use Corner Investment Opportunity

Exceptional mixed-use corner property located in a high-visibility area with strong foot and vehicle traffic. This well-maintained asset offers multiple income streams, making it ideal for investors seeking stable cash flow and long-term appreciation.

The property features a first-floor nail salon, juice bar, and warehouse space, with two residential apartments on the second floor. Situated on a 50 × 100 lot, the layout is efficient, functional, and adaptable to a variety of business uses.

Estimated Total Monthly Income: $9,100

  • Nail Salon: $2,800

  • Juice Bar: $1,600

  • Warehouse: $1,700

  • Two Apartments (2nd Floor): $3,000

Additional highlights include easy street parking, prime corner exposure at Franklin Street & 4th Street, and diversified tenancy that reduces vacancy risk. The nail salon is equipped with central A/C, while the apartments feature window A/C units.

Annual property taxes are approximately $15,300 after recent tax appeal.

Motivated seller — pricing reflects a reduction below market value. Comparable properties in the area exceed $1.3M. Excellent opportunity for owner-users or investors to acquire a strong-performing mixed-use asset in a growing market.

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Listing Contacts

LW
NJ 2295403, NJ 2295493 (+1)
Realty Mark Central
Listed by Realty Mark Central

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Additional Information

Name
Li Wang
License
2295403
Brokerage
Realty Mark Central
Title
Sale Person
Brokerage Address
163 Cranbury Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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